ONE MEDIA IP GROUP PLC: Acquisition of music content from Peppermint Music Ltd

ONE MEDIA IP GROUP PLC: Acquisition of music content from Peppermint Music Ltd
22 April 2013
One Media iP Group Plc
("One Media" or "the Group" or "the Company")
Acquisition of the music content from Peppermint Music Ltd
One Media iP Group Plc (AIM: OMIP), the digital media content provider which
exploits intellectual property rights around music and video, is pleased to
announce that it has acquired for a consideration of £25,000 plus an on-going
royalty, the exclusive digital rights to the Peppermint Music Ltd catalogue of
content (the "Catalogue").
The Catalogue contains over 150 recordings performed by artists such as Connie
Francis, singing the hits of Buddy Holly, Billie Jo Spears, performing her
greats, including "Blanket on the Ground" and "57Chevrolet", Kid Creole,
performing "Annie I'm not your Daddy", Racey, performing "Some Girls do", Alvin
Stardust, performing "My Coo Ca Choo & Red Dress" and other great performances
from Grace Kennedy, Pete Haycock and Paul Da Vinci (of the Rubettes).
Michael Infante, Chief Executive Officer of One Media, commented:-
"We are continuing our successful acquisition trail of nostalgic greats and
will exploit all of these recordings via our digital distribution services.
This is our first acquisition since listing on AIM and is a welcome addition to
the library of rights."
Enquiries:
Michael Infante One Media iP Group PLC +44 (0) 175 378 5500
Chairman and CEO
Liam Murray Cairn Financial Advisers LLP +44 (0) 207 148 7900
Jo Turner Nominated Adviser
Claire Noyce Hybridan LLP +44 (0) 207 947 4004
Deepak Reddy AIM Broker
John West Tavistock Communications +44 (0) 207 920 3150
Simon Compton Public Relations
Niall Walsh
Notes to Editors:
One Media is a digital music and video rights owner. The consumer led but B2B
(Business-to-business) operation looks to exploit its catalogue of over 170,000
music tracks and over 5,000 hours of video by recompiling the content for sale
through over 600 digital music and video stores worldwide. The Company has a
team of Creative Technicians who digitise the content, create the metadata and
re-compile and prepare the digital music & video releases using bespoke
in-house software.
Additionally, One Media makes its library of content available for TV shows,
movies, adverts, games and websites. One Media operates an online sync database
system that enables music supervisors to explore the library and select tracks
for music briefs.
One Media focuses on music performed by well known artists from every genre,
including; pop, rock, reggae, R&B, children's music, karaoke, jazz, soul,
blues, rap, hip-hop, gospel, world-music, plus stand-up comedy, spoken-word and
over 1,000 hours of classical music.
One Media is eligible for Enterprise Investment Schemes ("EIS") and Venture
Capital Trusts ("VCT").
END
-0- Apr/22/2013 06:00 GMT